Moldovan TV comes under spotlight
September 27, 2010
The arrest of a leading Romanian media mogul earlier this month may have implications on the TV industry in neighbouring Moldova.
According to Financiarul, Sorin Ovidiu Vintu could be forced to sell the Publika TV station, which is based in Chisinau, for €7 milion.
The buyer of the station, which is reported to have cost €4.8 million in set up but is losing money, would be the Moldovan entrepreneur Vladimir Plahotniuc.
Vintu was arrested earlier this month but subsequently released. He has been accused over the flight of another entrepreneur (Nicolae Popa) from Romania but says his arrest was politically motivated.
Vintu’s interests in Romania include the Realitatea Media group.